The ruling Democratic Progressive Party (DPP) has been accused by Malawi Parliament’s Budget and Finance Committee of fuelling the plundering and looting of public resources christened as ‘Cashgate’.
According to the Committee, the effects of cashgate would have been minimized had it been that DPP paid attention to an ‘interim report’ of Auditor General’s audit on central payment system, when the party was in power previously.
Committee chairperson Alekeni Wodala Menyani when presented a report to Parliament on Tuesday September 30 on its review and analysis of the previous committee’s investigations into Cashgate, pointed out that inaction by the previous PP administration led to the Cashgate of 2013.
“The laxity by the Secretary to the Treasury to promptly act on the report played a bigger role in paving way to the cashgate we are all complaining about,” said Menyani .
“The committee believes that had it been that the report was given the necessary attention it deserved, the enormity of the Cashgate could have been greatly reduced. But a million dollar question is: why was the report not presented to the Public Accounts Committee after its production? What was there to hide?”
After further scrutiny, the interim report found that the actual amount lost was K87 985 808 616.82.
Menyani further said that some departments were not audited during the exercise which was abandoned in the middle.
Among the ministries and departments that were not audited include Office of President and Cabinet, National Assembly, Office of Vice President, Ministry of Information, Ministry of Defence, Ministry of Foreign Affairs, Ministry of Justice, Department of Human Resources and Development and Ministry of Transport and Public Works.
He said the committee has resolved to summon both the Accountant General and Chief Secretary to Government to get updates and progress reports on the actions taken against the culprits in the misappropriation.
Meanwhile the committee says it maintains the stand by the previous committee to have cashgate names in the Baker Tilly forensic audit report made public.
Members of Parliament are expected to debate the report of the committee on Thursday.Follow and Subscribe Nyasa TV :